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States’ expenditures rose 2.5 times since FY14: CAG
Business Standard
|September 22, 2025
The committed expenditure on salaries, pensions, and interest payments increased by 2.49 times to 15.63 trillion in financial year 2022-23 (FY23) across all states from %6.26 trillion in FY14, said a CAG report on state finances.
During the 10-year period from FY14 to FY23, revenue expenditure by the states constituted 80-87 per cent of the total expenditure and as percentage of combined GSDP, it was about 13-15 per cent. In FY23, revenue expenditure was 84.73 per cent of total expenditure and 13.85 per cent of combined GSDP, said the publication on State Finances 2022-23, the first of its kind by the Comptroller and Auditor General of India.
This story is from the September 22, 2025 edition of Business Standard.
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